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Efficient Financing & Incremental Investment Opportunities

GLOBAL ENERGY MARKET 2019 2025 1 Global Growth Forecasts GDP² 1.9x The goal of net-zero emissions by 2050 will be challenged by growth 2030 2035 ✓ Global GDP doubles Global population grows 20% Population 1.2x Energy 1.2x Global energy demand grows 20% 2040 The greatest challenge of the 21st century is how to address global emissions and climate change while meeting rising demand for the energy that is needed to support global economic growth and prosperity 1. Amounts are approximate. Data is from International Energy Agency (IEA) WEO (2020). 2. Gross Domestic Product (GDP). 6 SEMPRA

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